Komori
Results6342Taihei Machinery Works,LimitedMachinery

Fiscal Year Ending March 2027 Second Quarter (Interim Period) Earnings Summary [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales decreased 0.3% year on year to ¥3,685 million, while operating profit increased 30.0% to ¥636 million and interim net income attributable to owners of the parent increased 38.6% to ¥454 million. The full-year consolidated earnings forecast is unchanged from the forecast disclosed on 13 May 2026.

Worth reading
67In focus
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
30
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales3,685,295¥ thousandYear on year -0.3%
Operating profit636,828¥ thousandYear on year +30.0%
Ordinary income648,302¥ thousandYear on year +29.7%
Net income attributable to owners of the parent454,957¥ thousandYear on year +38.6%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.

Financial position at period-end
Total assets10,081,580¥ thousand
of which net assets 7,702,654 ¥ thousand

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Cash inflows and outflows
Operating+1,504,118
Investment+245,960
Financials-235,817
Net change+1,514,261

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥3,696,549 thousand
Segment revenue
Plywood machinery business2,45166.2%+22.8%
Woodworking machinery business80721.8%-47.4%
Housing Materials Business44211.9%-7.8%
Segment profit
Plywood machinery business50471.7%+52.6%
Woodworking machinery business18526.3%-12.9%
Housing Materials Business142.0%+39.7%
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
NotesUnchanged from the earnings forecast disclosed on 13 May 2026
Revision to Earnings ForecastNet Sales No change / Operating profit No change / Ordinary income No change / Net income No change
Factors Behind Changes in Business Performance

The results were affected by replacement demand for core machinery in Japan and overseas. Factors cited include replacement of existing dryer lines and equipment upgrades to existing press lines in the plywood machinery business, orders for machinery for laminated lumber production lines in the woodworking machinery business, and delays caused by extreme weather in certain construction-related areas of the housing materials business.

Disclosure regarding the going concern assumption

None

Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥231 thousand / Extraordinary loss Loss on Retirement of Fixed Assets ¥3,776 thousand
Depreciation and amortization¥90,130 thousand
Orders received and order backlogOrders received Plywood machinery business ¥2,251,407 thousand (YoY +303.0%) / Woodworking machinery business ¥875,580 thousand (YoY +93.6%) / Housing Materials Business ¥469,639 thousand (YoY +97.2%) / Total ¥3,596,627 thousand (YoY +166.4%) / Order backlog Not disclosed
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥3,685,295 thousand (YoY -0.3%)
Operating profit¥636,828 thousand (YoY +30.0%)
Ordinary income¥648,302 thousand (YoY +29.7%)
Profit attributable to owners of the parent¥454,957 thousand (YoY +38.6%)
Total assets¥10,081,580 thousand
Net assets¥7,702,654 thousand
Cash flows from operating activities¥1,504,118 thousand
Cash flows from investing activities¥245,960 thousand
Cash flows from financing activities¥-235,817 thousand
Cash and cash equivalents at end of period¥3,696,549 thousand
Full-year earnings forecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes Unchanged from the earnings forecast disclosed on 13 May 2026
Revision to Earnings ForecastNet Sales No change / Operating profit No change / Ordinary income No change / Net income No change
Segment revenuePlywood machinery business ¥2,451 million (YoY +22.8%) / Woodworking machinery business ¥807 million (YoY -47.4%) / Housing Materials Business ¥442 million (YoY -7.8%)
Segment profitPlywood machinery business ¥504 million (YoY +52.6%) / Woodworking machinery business ¥185 million (YoY -12.9%) / Housing Materials Business ¥14 million (YoY +39.7%)
Orders received and order backlogOrders received Plywood machinery business ¥2,251,407 thousand (YoY +303.0%) / Woodworking machinery business ¥875,580 thousand (YoY +93.6%) / Housing Materials Business ¥469,639 thousand (YoY +97.2%) / Total ¥3,596,627 thousand (YoY +166.4%) / Order backlog Not disclosed
Depreciation and amortization¥90,130 thousand
Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥231 thousand / Extraordinary loss Loss on Retirement of Fixed Assets ¥3,776 thousand
Disclosure regarding the going concern assumptionNone
Factors Behind Changes in Business PerformanceThe results were affected by replacement demand for core machinery in Japan and overseas. Factors cited include replacement of existing dryer lines and equipment upgrades to existing press lines in the plywood machinery business, orders for machinery for laminated lumber production lines in the woodworking machinery business, and delays caused by extreme weather in certain construction-related areas of the housing materials business.
Items this document does not state (14)
Net income per shareOperating MarginEquity ratioAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The results were affected by replacement demand for core machinery in Japan and overseas. In the plywood machinery business, replacement of existing dryer lines in Japan and equipment upgrades to existing press lines overseas contributed to higher revenue and profit, while the woodworking machinery business saw lower volume than in the previous year.

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